两项跨境资金政策公开征求意见 “低版本资金池”政策将推广至全国

Core Viewpoint - The recent policy proposals aim to facilitate cross-border fund management for enterprises, enhancing trade and investment convenience, and adapting to the needs of domestic and international economic exchanges [1][2]. Group 1: Cross-Border Fund Management Policies - The "Notice" proposes to expand the relatively mature "low-version fund pool" policy nationwide, establishing a framework for integrated management of domestic and foreign currency fund pools [3][5]. - The cross-border fund concentration operation business allows multinational companies to manage funds of their domestic and foreign subsidiaries through a centralized approach, including the management of foreign debts and cross-border payments [3][4]. Group 2: Implementation and Management - The "low-version fund pool" will be unified under a single management framework, simplifying the business process and enhancing regulatory oversight [5][6]. - The management of cross-border fund flows will be based on the equity of fund pool member enterprises, implementing a dual macro-prudential management approach [5]. Group 3: Optimization of RMB Cash Transport - The People's Bank of China and the General Administration of Customs have drafted a proposal to optimize the handling of cross-border RMB cash transport, clarifying the business entities and processes involved [8][9]. - The proposal includes a shift to a fully online business process, enhancing efficiency and reducing the complexity of current operations [9].